I

Iceland Seafood Internat hf
ICEX:ICESEA

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Iceland Seafood Internat hf
ICEX:ICESEA
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Price: 4.86 ISK Market Closed
Market Cap: 14.9B ISK

Relative Value

The Relative Value of one ICESEA stock under the Base Case scenario is 8.16 ISK. Compared to the current market price of 4.86 ISK, Iceland Seafood Internat hf is Undervalued by 40%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

ICESEA Relative Value
Base Case
8.16 ISK
Undervaluation 40%
Relative Value
Price
I
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
71
vs Industry
77
Median 3Y
0.2
Median 5Y
0.2
Industry
0.6
vs History
47
vs Industry
Median 3Y
-4.4
Median 5Y
17.5
Industry
17.1
vs History
60
vs Industry
29
Median 3Y
6.9
Median 5Y
8.8
Industry
8.5
vs History
vs Industry
46
Median 3Y
-6.4
Median 5Y
-2.7
Industry
17.6
vs History
92
vs Industry
41
Median 3Y
1.5
Median 5Y
1.6
Industry
1.7
vs History
63
vs Industry
80
Median 3Y
0.2
Median 5Y
0.2
Industry
0.7
vs History
60
vs Industry
65
Median 3Y
1.5
Median 5Y
1.6
Industry
2.3
vs History
77
vs Industry
49
Median 3Y
5.4
Median 5Y
6.1
Industry
8.5
vs History
90
vs Industry
51
Median 3Y
7.3
Median 5Y
9.2
Industry
13.1
vs History
57
vs Industry
33
Median 3Y
8.2
Median 5Y
8.9
Industry
10
vs History
26
vs Industry
16
Median 3Y
4.4
Median 5Y
-8.3
Industry
14.2
vs History
53
vs Industry
67
Median 3Y
0.6
Median 5Y
0.7
Industry
1.1

Multiples Across Competitors

ICESEA Competitors Multiples
Iceland Seafood Internat hf Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
IS
Iceland Seafood Internat hf
ICEX:ICESEA
14.9B ISK 0.2 17.5 5.1 6.1
ZA
Bid Corporation Ltd
JSE:BID
140.5B Zac 0 0 0 0
US
Sysco Corp
NYSE:SYY
34.8B USD 0.4 19.2 10.1 12.8
ZA
SPAR Group Ltd
JSE:SPP
18.3B Zac 0 0 0 0
US
US Foods Holding Corp
NYSE:USFD
16.8B USD 0.4 30 13.1 18.1
US
Performance Food Group Co
NYSE:PFGC
13.7B USD 0.2 42.1 13.1 25.1
TH
CP Axtra PCL
SET:CPAXT
166.1B THB 0.3 17.3 8.2 15.5
SG
Olam International Ltd
F:O5I
4.3B EUR 0.2 9.8 4.1 6.1
SG
Olam Group Ltd
SGX:VC2
3.6B SGD 0.1 14.2 5.8 9.3
US
Chefs' Warehouse Inc
NASDAQ:CHEF
2.5B USD 0.6 34 14.3 21.5
AU
Metcash Ltd
ASX:MTS
3.6B AUD 0.2 12.8 10.2 10.2
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
IS
I
Iceland Seafood Internat hf
ICEX:ICESEA
Average EV/EBITDA: 9.3
5.1
N/A N/A
ZA
B
Bid Corporation Ltd
JSE:BID
Not Available
8%
N/A
US
Sysco Corp
NYSE:SYY
10.1
4%
2.5
ZA
S
SPAR Group Ltd
JSE:SPP
Not Available
6%
N/A
US
US Foods Holding Corp
NYSE:USFD
13.1
15%
0.9
US
Performance Food Group Co
NYSE:PFGC
13.1
18%
0.7
TH
CP Axtra PCL
SET:CPAXT
8.2
9%
0.9
SG
O
Olam International Ltd
F:O5I
4.1
N/A N/A
SG
Olam Group Ltd
SGX:VC2
5.8
N/A N/A
US
Chefs' Warehouse Inc
NASDAQ:CHEF
14.3
18%
0.8
AU
Metcash Ltd
ASX:MTS
10.2
18%
0.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
IS
I
Iceland Seafood Internat hf
ICEX:ICESEA
Average EV/EBIT: 13.8
6.1
N/A N/A
ZA
B
Bid Corporation Ltd
JSE:BID
Not Available
9%
N/A
US
Sysco Corp
NYSE:SYY
12.8
4%
3.2
ZA
S
SPAR Group Ltd
JSE:SPP
Not Available
10%
N/A
US
US Foods Holding Corp
NYSE:USFD
18.1
18%
1
US
Performance Food Group Co
NYSE:PFGC
25.1
32%
0.8
TH
CP Axtra PCL
SET:CPAXT
15.5
11%
1.4
SG
O
Olam International Ltd
F:O5I
6.1
N/A N/A
SG
Olam Group Ltd
SGX:VC2
9.3
N/A N/A
US
Chefs' Warehouse Inc
NASDAQ:CHEF
21.5
17%
1.3
AU
Metcash Ltd
ASX:MTS
10.2
4%
2.5